AT&T Inc. proposed offering digital- only telephone service in towns in Alabama and Florida as it moves toward abandoning its aging copper-wire network and escaping the U.S. regulation that goes with it.
Morgan Stanley has more than 20,000 employees affected by Hurricane Sandy, and at least 15,000 of them are able to work on computers remotely, said Jim Rosenthal, the company’s chief operating officer.
The U.S. Commodity Futures Trading Commission says it will shift enforcement staff to meet Dodd- Frank Act demands in 2012, after failing last year to adequately oversee CME Group Inc., the world’s largest futures exchange.
Verizon Communications Inc. must be stopped from pushing customers in New York’s Catskill Mountains onto a wireless service it wants to use to replace landlines, the state attorney general said in a regulatory filing.
The world’s largest banks demanded a wish list of changes to a proposed U.S. ban on proprietary trading, seeking to escalate the lobbying effort against the Volcker rule five months before it takes effect.